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Banks Will Report New Mortgage Data.
Washington -- Federal regulators will be collecting more information about the mortgage banking activities of commercial banks, including single-family originations and earnings, under new revisions to the bank call reports.
Commercial banks with at least $1 billion and more in assets will be required to report originations, purchases and sales of one-to-four family loans starting with a Sept. 30 call report.
Smaller banks with at least $10 million in single-family originations, purchases and sales over two consecutive quarters also have to report these mortgage banking activities on the new Schedule RC-P of the call report.
Meanwhile, the regulators delayed the reporting of net income from servicing fees, securitization income and gains (losses) on loan sales until the first ...
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Source: HighBeam Research, Banks Will Report New Mortgage Data.